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Adidas to cut up to 500 jobs
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 staffers it employs at the location.
Adidas plans to cut up to 500 jobs at German headquarters - report
Adidas (OTC:ADDYY), the world's second-largest sportswear maker, is planning to reduce its workforce at its headquarters in Herzogenaurach, Germany, by up to 500 positions, Reuters reported, citing a source familiar with the matter.
Adidas To Cut 500 Corporate Jobs: Company Structure 'Too Complex'
The chief executive officer Bjoern Gulden of Adidas AG will cut 500 roles based at its headquarters in Herzogenaurach as the company outperformed projected sales for the retro sneakers.
Adidas (OTHEROTC:ADDYY) Plans Hefty Job Cuts at German Headquarters
Bad news for employees at shoe and athletic wear giant Adidas ($ADDYY), as word emerged about substantial layoff plans to hit the company’s
Adidas Set to Cut Jobs at German HQ in Aim to ‘Simplify Operations'
In a statement sent to FN on Thursday, an Adidas representative noted that these job cuts are not part of a cost savings program but instead are aimed at "reducing complexity and
16m
Adidas Just Released 'Cyber Metallic' James Harden Sneakers, and They’re Going Fast
Adidas just released the latest James Harden sneakers on the world, and they look like something straight out of the future.
6h
Adidas and Puma to Lay Off Employees Amid Global Challenges and Profitability Concerns
Adidas and Puma, two of Germany’s leading sportswear companies, are reportedly planning significant layoffs as they navigate ...
2d
Adidas: Back On Track, Likely To Outperform
Adidas' sales and profitability are on the rise in FY24. Read why ADDYY stock is primed for continued growth, especially with ...
The Source Magazine
8h
SOURCE SPORTS: adidas Basketball Signs WNBA Star Satou Sabally to Roster
Basketball has proudly announced the signing of Satou Sabally, a rising star in the WNBA and key player for the German ...
4d
on MSN
Adidas seals turnaround year with strong quarterly sales — after Kanye disaster
The results mark a significant recovery for Adidas from an annual loss in 2023 for the first time in more than 30 years, ...
19h
Adidas Is Selling a Bright $130 Running Jacket for Only $65
Adidas is selling its New York City Women's Running Jacket for only $65. The regular retail price is $130. One reviewer calls ...
2d
Lionel Messi’s Wife Antonela Roccuzzo Puts Adidas’ Squat-proof Clothing Technology to the Test in Optime Collection Campaign
Antonela Roccuzzo is the new face of Adidas’ latest campaign. The philanthropist makes her debut with the sportswear company, ...
4d
Adidas Makes A Big Push Into The Pickleball Market With Staksrud Sponsorship
An in-depth discussion with All Racquet Sports, the manufacturer behind the adidas pickleball line, discussing their ...
4d
Adidas Reports Fourth-Quarter Sales and Profitability Gains
Adidas reported sales of 5.956 billion euros ($6.2 billion) for the quarter, up from 4.812 billion a year ago. For the full ...
23h
on MSN
Anthony Edwards' Adidas Sneakers Honor Kansas Jayhawks
Anthony Edwards gifted a player-exclusive colorway of his first signature adidas sneaker to the Kansas Jayhawks men's and ...
22h
Pharrell and adidas Introduce the Jellyfish
At the time of writing, neither Pharrell nor adidas have indicated when their new Jellyfish silhouette will be making its ...
23m
on MSN
'Rugged' Waterproof Adidas Sneakers Are on Sale Right Now for 55% Off
A stylish pair of "rugged" sneakers is hard to beat, but that goes double when you can find a waterproof pair like these Gore ...
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